The word import substitution is not minor engineering work. It is too improve already existing production and product for local conditions and free from import dependencies. Just think about this for minute when you apply to Auto industry giants like GM or Ford.Well China exports more to EU because Chinese workers work harder (albeit I am totally against 996), and Chinese firms make better EVs and other consumer goods through entrepreneurship. The EU over-regulates everything and spoils its own workers like babies (with lavish welfare they disincentivise hard work and entrepreneurship). EU is an example of how NOT to implement socialism by making citizens lazy, fat, entitled, and spoiled. So if market competition were fair and free form protectionism, China’s trade surplus would be much more than $113 billion. Chinese EVs and rail equipment would have driven every European businesses in the same field into the Atlantic Ocean with no chance of survival. But it is only protectionism and the LACK of free trade that is protecting Europe’s lazy workers and zombie industries. If European workers could only work as hard and encourage entrepreneurship like their American counterparts, they would have been much more innovative and efficient. They don’t even have to adopt the 996 hellscape of China, South Korea and Japan. Just be more conservative Murican would have been enough.
So this goes back the grand logic of those controlling the pinnacle of strategic supply chain would usually advocate for free trade, whilst those who have either fallen behind or needed to catch up with their own infant industries would support protectionism, import substitution and Listian industrial policies.
The word Arabian standard rings the bell. It is not just Oil. Saudi bought Beverly Hills and Bel Air and they like and not like alot of things in Los Angeles and this preferences directly transfer over to Japanese. so much that Toyota second largest export market after North America were Royal Kingdoms. A relentless pursuit of perfection on an endless journey. this is associated with a brand.